Furthermore, those on Wall Street are in fact investing shareholder funds, so it is important that they are subject to some limitations to protect the average investor.

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On the other hand, I also gather that the Bancroft family, which is the single largest private shareholder in the Wall Street Journal and the Dow Jones company, is reluctant to see its crown jewel possession, the Wall Street Journal, fall into the hands of, well, the same guy who owns the Fox News Channel.

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Executive pay packages especially are the subject of endless debates in Congress, shareholder meetings and, on Main Street, a symbol of all that went wrong the past two years.

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